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Introduction to Linux - A Hands on Guide

This guide was created as an overview of the Linux Operating System, geared toward new users as an exploration tour and getting started guide, with exercises at the end of each chapter.
For more advanced trainees it can be a desktop reference, and a collection of the base knowledge needed to proceed with system and network administration. This book contains many real life examples derived from the author's experience as a Linux system and network administrator, trainer and consultant. They hope these examples will help you to get a better understanding of the Linux system and that you feel encouraged to try out things on your own.

Hey madhavramdin,PS3 Media Server may fit the bill.
It's a DLNA compliant media server, and I have used it for streaming media from my computer to my Samsung Smart TV (SD, HD 720p, and HD 1080p all three). It can do transcoding of files (although I've never used it, since Samsung Smart TVs support MKV by default), but be warned: PS3 Media Server requires a JRE (Java Runtime Environment), MEncoder, and (possibly) FFMPEG. The program requires no installation as well, as it just runs out of a folder. Looking through the options in the Transcoding Settings tab, it seems you can also specify extensions to skip or force transcoding as well. Hope this helps you out.